Affinity Beverage Group Inc (ABVG)

[Briggsy]

Somebody has for sure passed wrong info to folks on IHUB and it's spreading across all boards.

Unlike most things you buy, both the buyer and seller set stock prices. The buyer states what price they will pay for the stock – this is the bid price. The seller also has a price – the ask price. Think 2/3s for SREH currently, the MMs are the buyers and sellers!

With regards to IHUB, how many buys show up at the bid or in SREHs case 2s? NONE

Every time you see a buy it's on the ask which is currently 3s!

The Buy/Sell as seen on L2 is the REVERSE of what folks think it is. The BID is the price the MMs will buy your stock from you (currently 2s, when you sell), and the ASK is the price the MMs will sell you stock (currently 3s, when you buy)!

All the best,